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CDEL DEBT CRISIS
Coffee Day Enterprises' total default at Rs 470.18 crore in first quarter of FY23CDEL has reported a default of Rs 215.99 crore on the payment of the principal amount on loans or revolving facilities like cash credit fro...
We have reduced the debt burden, the worst is over: Coffee Day Enterprises’ new CEO Malavika HegdeI am bullish on both the cafe and vending businesses. Both businesses will need to pass a few more hurdles before they flourish, says Coffe...
Clean chit to tax dept, PE investors; probe likely to flag Rs 4,000 cr hole in books of Coffee DayAs much as Rs 3,500-4,000 crore was missing from the books of the listed Coffee Day Enterprises due to these transactions, the probe is lik...
CCD management meets investors to allay concernsThe management was apprehensive of any investor/lender legal action, which could delay the process of resolving the crisis.
A ‘priority sector’ problem brewing for YES Bank?The lender is said to have an exposure of about Rs 500 crore on account of loans to CCD.